An exceptional opportunity to acquire a premium, income-generating waterfront condo in downtown Toronto. Offering over 1,700 sq. ft. (including balcony), this New York-style residence is ideal for investors seeking a turnkey asset with an existing tenant in place-providing immediate cash flow and reduced vacancy risk.This well-maintained unit features a spacious open-concept layout with wall-to-wall windows, nearly 9 ft ceilings, and a large private terrace finished with durable IPE exotic hardwood-an attractive feature for long-term tenant retention. The suite includes 2 generously sized bedrooms and 2 full bathrooms, including a walk-in shower, along with quality upgrades such as Toto Eco UltraMax fixtures.The property also includes a titled P1 parking space and visitor parking, enhancing rental appeal in a high-demand downtown core. Its prime waterfront location-just steps from transit, major employment hubs, and Toronto's top entertainment and lifestyle amenities-ensures consistent tenant demand and strong long-term appreciation potential.Residents benefit from a comprehensive, all-inclusive maintenance fee covering utilities (heat, hydro, water), 24-hour concierge, and premium amenities including a fitness centre, indoor pool, hot tub, party/meeting rooms, outdoor terrace with BBQs, and guest suites. These features support competitive rental positioning and ease of ownership.With proximity to transit options including GO, UP Express, and Union Station, as well as waterfront attractions, trails, and cultural venues, this property offers a compelling combination of location, livability, and investment stability.Secure a high-quality asset in one of Toronto's most desirable rental corridors-schedule your private viewing today.
Address
209 - 228 Queens Quay W
List Price
$949,000
MLS® Status
New
Expiration Date
2026-08-31
Property Type
Residential Condo & Other
Type of Dwelling
Condo Apartment
Style of Home
Apartment
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Waterfront Communities C1
Region
Toronto
Bedrooms
2
Bedrooms (Total)
2
Rooms Above Grade
5
Bathrooms
2
Floor Area
900-999 Sq. Ft.
Square Foot Source
MPAC
Lot Size Source
MPAC
Parcel Number
125360069
Occupant Type
Tenant
Cross Street
Queens Quay/Lower Simco
Maint. Fee
$976.76
MLS® Number
C12984440
Listing Brokerage
Right At Home Realty, Brokerage
Basement Area
None
Postal Code
M5J 2X1
Posession Details
30 days tba
Parking Places (Total)
1
Tax Amount
$4,110.00
Tax Year
2025
Property Management Company
Crossbridge Condominium Services Ltd.
Pets
Yes-with Restrictions
Interior Features
Carpet Free, Guest Accommodations
Central Vacuum
No
Family Room
No
Ensuite Laundry
Yes
Special Designation
Unknown
Standard Status
Active
Board Or Association
Oakville, Milton & District Real Estate Board
Association Fee Includes
Heat Included, Water Included, CAC Included, Building Insurance Included
Association Name
TSCC
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Balcony Type
Terrace
Construction Materials
Concrete
Exposure
South West
Fireplace
No
Garage
Yes
Garage Type
Underground
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Laundry Features
In-Suite Laundry, Laundry Chute
Legal Level Number
2
Waterfront
No
Locker
None
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 6.27 x 2.51 | Combined w/Dining, Hardwood Floor, Large Window |
| Main | Dining Room | 2.44 x 2.24 | Combined w/Living, Hardwood Floor, W/O To Patio |
| Main | Primary Bedroom | 5.33 x 4.5 | 4 Pc Ensuite, Hardwood Floor, W/O To Patio |
| Main | Bedroom | 3.12 x 2.51 | Hardwood Floor, Mirrored Closet, Sliding Doors |
| Main | Kitchen | 4.5 x 2.46 | Breakfast Bar, Open Concept |
| Main | Bathroom | 4 Pc Ensuite | |
| Main | Bathroom | 4 Pc Bath |